NMDC Steel Ltd

NMDC Steel Q2 FY2026 Results: Loss Narrows, Revenue Rises 📊

- Net loss of ₹114.78 crore in Q2 FY2026 vs. net profit of ₹25.56 crore in Q1 FY2026 and net loss of ₹595.37 crore in Q2 FY2025.

- Half-year net loss improves to ₹89.22 crore (vs. ₹1,142.62 crore last year).

- Revenue from operations rises to ₹3,389.90 crore in Q2 FY2026 (up from ₹1,522.35 crore in Q2 FY2025).

- Total income at ₹3,411.03 crore in Q2 FY2026 (vs. ₹1,535.46 crore in Q2 FY2025).

- Net worth stands at ₹13,025.26 crore as of September 30, 2025 (down from ₹14,345.65 crore last year).

- Debt-equity ratio improves to 0.41 (from 0.45 last year).

- Operating margin at 6.74% in Q2 FY2026 (vs. -28.08% in Q2 FY2025).

- Net profit margin at -3.39% in Q2 FY2026 (vs. -39.11% in Q2 FY2025).

- Total borrowings decline to ₹5,298.63 crore (from ₹6,503.08 crore last year).

- Government plans to divest 50.79% stake as part of strategic disinvestment.